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CSPAN
Jan 27, 2010 7:00am EST
karzai. there is no need to make political points. afghanistan will no doubt be addressed by president obama in his state of the union address tonight but he is also expected to talk about reforms for the regulation of the banking system and no country was left more exposed to the failure of the banking system than the united kingdom. president obama has called for retail banks to be prevented from getting involved in large-scale proprietary trading. what is the government not supporting the president's proposal enthusiastically and working to bring these about? >> we are working closely internationally including one with president obama. they have different structures and different problems in the banking system which they are seeking to address and we are seeking problems in our banking system but it is important to work together internationally to be sure we can deal with the problems that have so affected all of our economies. >> it is important to work together internationally but the prime minister says he did not envy the divide in future between retail and corporate deposit tak
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